Nareos Launch P2P Legal Download Service PeerReach(TM)

Nareos Launch P2P Legal Download Service PeerReach(TM)

Distribution Agreements Signed With CD Baby, DRA and INgrooves

BEVERLY HILLS, California, November 28/PRNewswire/ -- Nareos INC. the pioneering digital content solutions provider,
today announced distribution agreements with online music store CD Baby,
eLabel INgrooves and international digital music distributor Digital Rights
Agency. The move marks the global launch of Nareos' PeerReach(TM) solution,
which enables legal music downloads on P2P networks. These agreements
increase Nareos' catalog to over 1 million tracks.

CD Baby, (representing over 100,000 artists), INgrooves (over
350 music labels) and DRA (225 music labels) will be able to distribute their
music content legally via global peer-to-peer file sharing networks. Nareos'
revolutionary PeerReach(TM) solution uses unique technology to promote
legitimate content to the top of P2P file lists, charging $0.99 for extremely
fast, high quality and virus-free downloads.

Due to a growing number of lawsuits there is increasing
pressure for the legalization of music downloads on P2P networks. The digital
libraries will be available for legal download on PeerReach(TM) over the next
few weeks.

Nareos' CEO, Alexander Lazovsky, commented that "We are
thrilled to be partnering with CD Baby, Ingrooves and DRA. This is testament
to the potential of PeerReach to revolutionize how music labels view P2P
networks as profitable music distribution channels. Our goal is to provide
people with a convenient and secure way to evaluate and purchase music on P2P
networks. We are proud to enable music fans to legally download music and to
be promoting new and alternative artists along the way".

INgrooves' CEO, Robb McDaniels, added, "we are impressed by
the overall business model and novel approach of PeerReach as a legal P2P
file downloading service. It is important for us to identify innovative and
reliable distribution and promotional outlets for our frontline content from
leading artists like the Nappy Roots and Lady Sovereign - and Nareos' package
provides an exciting solution that is sure to be popular with music fans from
around the world"

"Nareos is doing important work in creating systems for the
legalization of the peer to peer revolution and we are pleased to be a part
of their services," said Tuhin Roy, Digital Rights Agency's Managing
Director.

To sample how PeerReach(TM) operates, connect to eDonkey2000
network by using a file-sharing program such as eMule, search for "Lady
Sovereign" and download one of the files that appear on top of the search
results. A pop up box with instructions will appear after opening the
downloaded file.

About Nareos

Nareos INC. is a pioneering digital content solutions provider. Their
flagship product, PeerReach(TM), controls the distribution of digital content
enabling legal music downloads on P2P networks. Complete with DRM-protection
and billing, Nareos' cutting edge technology provides easy to find, virus
free and quick to use legitimate music downloads featuring rich additional
information. Distribution partners include CD Baby, IODA, DRA, Ingrooves,
Bonzai Music, Blue Canoe Records, ToCo International and Blue Flame Records.
Founded in 2004, Nareos is a privately held company led by Founder and CEO
Alexander Lazovsky. Nareos is headquartered in Beverly Hills, CA with R&D
facilities in Israel. For more information visit www.nareos.com

For additional information or visuals please contact:
Caroline Cohen,
Koteret Public Relations:
Tel: +972-3-5611424-119
Email: caroline_c@koteret.com

Source: Nareos INC.

For additional information or visuals please contact: Caroline Cohen, Koteret Public Relations: Tel: +972-3-5611424-119, Email: caroline_c@koteret.com

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